Japan seeks to replace up to 5 nuclear reactors by 2040s, 14 by 2050s

Japan's industry ministry on Friday proposed replacing two to five aging nuclear reactors by the 2040s, and a total of 11 to 14 by the 2050s, setting such a numerical target for the first time since the 2011 Fukushima nuclear disaster.The Ministry of Economy, Trade and Industry presented the targets at a ministry panel meeting, aiming to encourage investment and secure personnel in the nuclear industry.The plan comes as Japan expects electricity demand to grow with the spread of artificial intelligence. But with nuclear plant construction costs soaring globally, it remains uncertain whether…READ FULL ARTICLE